Pogoda Companies is pleased to announce the addition of five more properties to its growing self storage portfolio. Three were in the Grand Rapids, Michigan MSA and two were in the Detroit, Michigan MSA. Each has been rebranded under Pogoda’s trademarked name, National Storage Centers.
We are growing the portfolio with the goal of adding properties in markets we already compete.”
National Storage Centers – Alpine I – Pogoda has managed this facility since 2016 and bought this property off-market. It consists of 48,760 sq. ft. and 314 units, has an occupancy of 93%, and is the sister property to Alpine II.
National Storage Centers – Alpine II –This former CubeSmart-managed property has 79,225 sq. ft. and 754 units. Through a complex and lengthy lot split process, Pogoda combined this property with the neighboring Alpine I. This three-story Class A facility was built in 2020 and offers an indoor drive through for customer convenience and is currently 46% occupied.
National Storage Centers – Canton Joy Road – Located between Ann Arbor and Detroit, the 59,400 sq. ft. 460-unit location was purchased off-market. It has been transformed through a substantial capital expenditure program that included new doors, painting, gutters, a relocated and new swing gate and computerized access, as well as a completely remodeled office/apartment. Occupancy sits at 91%.
National Storage Centers – Livonia West – is our third location in the Livonia submarket. The long-term goal is to add 15-20,000 sq. ft. to this 26,161 sq. ft., 236-unit facility.
National Storage Centers – Walker Ironwood – Pogoda acquired the 72,695 sq. ft., 538-unit facility off- market. Currently at 99% occupancy with a substantial waiting list, rental rates have been dramatically increased for both new and existing tenants all while adding ancillary income such as tenant insurance and truck rental.
“We are growing the portfolio with the goal of adding properties in markets we already compete.” says Adam Pogoda. “It has made us more management efficient and enhanced the business for our third- party managed owners, us and our investors.”
For more information regarding these deals, please get in touch with Adam Pogoda at 248-877-3912 or APogoda@PogodaCo.com.
About Pogoda Companies
Pogoda Companies (PogodaCo.com) is actively seeking acquisitions/third-party management with 40,000+ sq.ft. within the Midwest. Based in Farmington Hills, Michigan, we currently own/manage 58 locations with over 3,750,000 sq. ft. of space. We expect to buy 7-9 properties in the coming year.
